Brand New Dollar General | Hampton, TN | 6.85% Cap Rate

Property Description

Randall Commercial Group, LLC is pleased to exclusively offer for sale this brand new, free standing Dollar General located in Hampton, TN. The subject property is currently under construction and will have a 15-year, absolute NNN lease with an estimated delivery date of May 2017. Dollar General is an investment grade tenant with a Standard & Poor’s BBB credit rating.

The property is located along Highway 19 East right outside of Hampton between Elizabethton, TN & Roan Mountain, TN.

Offering Price: $1,340,447

Cap Rate: 6.85%

Current NOI: $91,821

Building Size: 9,026*

Lot Size: 1.56 acres*

Located just along Hwy. 19 between Elizabethton and Roan Mountain.

15-year lease

Rent Commencement Date: June 1, 2017

5920 Highway 19 East, Hampton, TN 37658

*Landlord provided data
**Owner-Agency Disclosure: An owner/agency relationship exists with the Principal Broker and with Associate Brokers (“the Brokers”) of Randall Commercial Group, LLC and the owner of Subject Property located at 5920 Highway 19 East, Hampton, TN 37658. The Brokers have an ownership interest in the Subject Property located at 5920 Highway 19 East, Hampton, TN 37658, and other business with the Manager of the ownership entity.